Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$237,677$237,677$472,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$234,823$0
Funding fee$1,188$1,188$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.476%7.640%
1st payment$1,195.40$1,195.40$3,271.49
2nd payment$0.00$1,516.56$0.00
Taxes / mo$253.83$253.83$253.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$34.33$34.33$34.33
Total monthly$1,650.23$3,166.79$3,820.82
Cash to close$287,323$52,500$52,500